Closing Bell: Sensex Ends 524 Points lower, Nifty 50 Settles Below 24,700; Bharat Electronics Top Gainer

On Friday, the equity market saw a sharp sell-off, with the Sensex closing at 81,167.35, down 524.62 points or 0.64%, while the Nifty 50 slipped 205.85 points to settle at 24,682.35, marking a decline of 0.83%. Adani Ports emerged as the top Nifty loser, while Bharat Electronics Ltd (BEL) was among the top gainers. Sector-wise, most indices ended in the red, with the Nifty PSU Bank index dropping 1.18%,

Market opened with a sharp decline today, with the Nifty 50 at 24,555.25, down 332.95 points or 1.34%, while the Sensex tumbled 949.84 points or 1.16% to 80,742.13 at the opening bell.all sectoral indices are currently in the red. Nifty Pharma slipped 0.66%, and the Nifty PSU Bank index dropped 1%. Additionally, all major Tata Group companies shares are trading lower today

The early Gift Nifty trends on Friday, June 13th, showed a gloomy start after the Indian stock markets struggled on the weekly expiry day and dropped more than a per cent on the previous session. According to the Gift Nifty levels as of 07:52 AM on June 13, 2025, the Nifty is expected to start today's trading session about 231 points lower and this came after CPI reached 2.82%, the lowest number in more than 6 years. As geopolitical worry grew, major Asian stock indices saw a steep decline in early trading on the global market front. In the midst of uncertainties surrounding US-China trade, rising oil prices and escalating Middle East tensions after Israel's attack on Iran, may continue to negatively impact market mood.

LIVE Feed

Jun 13, 2025, 3:12 pm IST

DICABS Bags Rs.116.71 Cr in Fresh Orders; Total Order Book Surges to Rs.1,554.08 Cr

Diamond Power Infrastructure Ltd (DICABS) has secured new orders worth ₹116.71 crore across key sectors, including Battery Energy Storage Systems, Smart Metering, and a Highway Infrastructure project. With this win, the company's outstanding order book now stands at an impressive ₹1,554.08 crore. These projects are slated for execution by March 31, 2026, further strengthening DICABS' position in India’s growing power and infrastructure ecosystem.

Jun 13, 2025, 2:21 pm IST

Capri Global Capital raises Rs 2,000 crores in first QIP in 10 years

Capri Global Capital Ltd has raised Rs 2,000 crores by selling around 136.5 million shares to Qualified Institutional Buyers. This is the first time in 10 years that the non-banking finance company (NBFC) has raised money through a Qualified Institutional Placement (QIP).

Jun 13, 2025, 2:15 pm IST

Share Market Live Updates: Top Nifty50 Gainers

Bharat Electronics, ONGC, Tech Mahindra, Wipro and TCS have emerged as top Nifty50 gainers rising around 1% amid the market downfall.

Jun 13, 2025, 2:11 pm IST

Share Market Live Updates: Top Nifty50 Losers

Adani Ports, State Bank Of India, Bajaj Auto, Indusind Bank and Adani Entertainment are the Top losers on Nifty at 2 PM, falling around .

Jun 13, 2025, 2:02 pm IST

Arvind Melagani resigns from Bosch

Arvind Melagani, Vice President and General Counsel of Bosh Resigns from his position as per exchange update. Arvind will be relieved from his duties with effect from the closing of business hours of August 31,2025.

Jun 13, 2025, 12:51 pm IST

NCLT Starts Corporate Insolvency Resolution Process For Gensol Engineering

The National Company Law Tribunal (NCLT) in Ahmedabad has accepted an insolvency petition filed by the Indian Renewable Energy Development Agency (IREDA) against Gensol Engineering Limited, the parent company of BluSmart.

Jun 13, 2025, 12:37 pm IST

RPP Infra Projects Secures New Contracts Worth Rs 283 Crore

RPP Infra Projects has bagged new work orders amounting to Rs 283 crore, according to its stock exchange filing. These projects further strengthen the company’s order book and reflect its continued growth in the infrastructure sector.

Jun 13, 2025, 12:31 pm IST

Rupee VS Dollar

Rupee VS Dollar Rupee is trading at 86.11 up by 0.6% as against per dollar at 12.30 PM. However CR Forex Advisors suggest that the USD and INR pair is holding firm near the key resistance level of 86.10, with heightened geopolitical tensions between Iran and Israel amplifying the risk of further rupee depreciation. This pressure is being driven by a 12% surge in Brent crude prices over the past three sessions, as supply concerns mount. At the same time, delays in finalizing the India–U.S. trade deal have weighed on investor sentiment, adding to the rupee’s vulnerability. It further adds commenting on Rupee VS Dollar’s outlook saying, ‘If these headwinds persist, and the pair breaks above 86.10, then it could move towards the 86.70–86.90 zone in the near term. On the downside, immediate support is seen at 85.40–85.50, and unless there’s a decisive close below this range, the overall bias remains tilted toward rupee weakness.

Jun 13, 2025, 11:34 am IST

Stock Market Live Updates: Torrent Power Rises Despite Market Slump After Major Wind Energy Order Win

Torrent Power share prices gained in the morning trades on Friday despite stock market crash, led by a large order win. Torrent power announced receiving order for setting up of Wind power project, boosting its renewable portfolio.

Jun 13, 2025, 10:44 am IST

Stock Market Live Updates: ONGC, Oil India Shares Rally as Crude Prices Surge

Shares of Oil and Natural Gas Corporation (ONGC) and Oil India Ltd. gained sharply on Friday, bucking broader market trends. ONGC stock climbed 3.09% to close at Rs 255.55, while Oil India rose 2.49% to settle at Rs 480 per share. The gains were driven by a spike in global crude oil prices, which improved sentiment around upstream oil companies. The increase in crude prices followed reports of Israeli air strikes in Iran, heightening geopolitical tensions and boosting oil market volatility.

Jun 13, 2025, 9:56 am IST

TANFAC Announces Successful Commissioning of its 5,000 TPA High Purity Solar Grade Dilute Hydrofluoric Acid Plant

TANFAC, a leading Indian chemical company, has successfully commissioned its 5,000 tonnes per annum (TPA) Solar Grade Dilute Hydrofluoric Acid (DHF) plant. The commissioning follows the approval of the trial production quality by one of India’s major solar energy producers, confirming that the product meets their stringent quality requirements. This milestone marks TANFAC as the first Indian chemical company to commission a Solar Grade DHF plant, a critical raw material for the solar energy industry. The company is currently implementing the second phase of the project, which aims to expand the total Solar Grade DHF capacity to 10,000 TPA. This expansion is expected to be commissioned within the next three months

Jun 13, 2025, 9:56 am IST

Crompton secures largest-ever solar pumps order of ₹ 101 Crore from Maharashtra Energy Development Agency (MEDA)

Crompton Greaves Consumer Electricals Ltd has secured its largest-ever order in the solar water pump segment. The company has received a Letter of Award (LoA) from the Maharashtra Energy Development Agency (MEDA) valued at over ₹ 101 crore (exclusive of GST) for the design, manufacture, supply, transportation, installation, testing, and commissioning of 4,500 Off-grid Solar Photovoltaic Water Pumping Systems (SPWPS) across Maharashtra under Component-B of the PM-KUSUM scheme.

Jun 13, 2025, 9:55 am IST

Nifty Performance

“The Nifty fell over a percent yesterday, as geopolitical tensions in the Middle East showed signs of erupting. As of this morning, Israel has launched pre-emptive strikes on Iran and that's led to a broad-based risk-off across markets. Technically speaking, on the Nifty, we have been warning that Wednesday's "buyer rejection" candle immediately occurring after the bearish "upside gap two crows pattern" earlier in the week was an indication of caution creeping in. With bulls failing to defend 25029, we got the drop we were expecting in the 24800 - 24863 zone yesterday. The decline has entered inside the breakout pattern, which brings immediate support at 24800 into play. Below that, and the 24462 - 24500 area will come into focus, yet again.” Akshay Chinchalkar, Head of Research, Axis Securities

Jun 13, 2025, 9:39 am IST

Market Outlook Today By Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited

Sometimes bad news come in a flood. Close on the heels of the Ahmedabad air tragedy has come the news of Israel’s attack on Iran. The economic consequences of this Israeli strike can be profound if the attack and counter attack by Iran lingers long. Israel has declared that the operation will last several days. Brent crude prices have flared up by around 12% to . It can rise further if Iran in retaliation closes the straight of Hormuz severely restricting oil supply. The impact on market will depend on how long the conflict lingers. In the near-term the market will be in a risk-off mode. Sectors that uses oil derivatives as inputs like aviation, paints, adhesives and tyres will be hit hard. Oil producers like ONGC and Oil India will remain resilient. Investors can wait and watch how the situation unfolds. Nifty is likely to get strong support at 24500 level.

Jun 13, 2025, 8:54 am IST

Canara Bank In Focus

At its meeting on June 12, 2025, the bank's Board of Directors approved the bank's capital raising plan, which calls for debt instruments (more Tier I/Tier II bonds) to raise up to Rs 9,500 crore for the fiscal year 2025–2026.

Jun 13, 2025, 8:20 am IST

Nifty Prediction Today By Rupak De, Senior Technical Analyst at LKP Securities

Nifty slipped sharply following a consolidation breakdown on the daily chart, indicating bearish pressure around the recent market top near 25,200. The index found support near the lower end around 24,850 and managed to hold above this level. Despite the sharp fall, other technical conditions remain intact, suggesting that the broader trend is still strong and a short-term reversal is possible. However, a decisive break below 24,850 could weaken market sentiment. On the higher side, 25,000 is likely to act as immediate resistance.

Jun 13, 2025, 8:17 am IST

Nifty Outlook Today By Mr. Ajit Mishra – SVP, Research, Religare Broking Ltd

Technically, the Nifty has once again approached the support zone of its short-term moving average — the 20-day EMA — which currently lies around the 24,800 mark. A decisive break below this level could lead the index back into a consolidation phase. Given the prevailing uncertainty, we recommend maintaining strict stop-losses in short-term trades, particularly in the midcap and smallcap space. It is also advisable to avoid aggressive long positions until a clearer directional trend emerges.

Jun 13, 2025, 8:16 am IST

Muthoot Finance In Focus

The largest gold loan Non-Banking Financial Company (NBFC) in India, Muthoot Finance, has achieved the prestigious Rs 1 lakh crore market capitalization milestone, placing it in 97th place among the top 100 listed Indian firms by market capitalization.